Solved

Which of the Following Is a Not a True Statement

Question 15

Multiple Choice

Which of the following is a not a true statement concerning sole proprietorships?


A) Sole Proprietorships are easy to start but almost impossible to terminate.
B) The entrepreneur is personally liable for all debts incurred by the business.
C) If the entrepreneur is no longer able to operate the business, it must be terminated unless someone else is willing to operate it.
D) Sole Proprietorships amount to about 75% of all the businesses in the United States.
E) All of the above are true.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents